Home » ProBuild Finalizes Purchase of HD Supply Lumber Assets
ProBuild Finalizes Purchase of HD Supply Lumber Assets
February 5, 2008
ProBuild Holdings, Denver, CO, supplier of building materials to professional contractors, has finalized its purchase of substantially all of the assets of Atlanta, GA-based HD Supply Lumber and Building Materials.
ProBuild is pursuing a strategy of aggressive growth, both organic and via acquisition,"said ProBuild CEO Paul W. Hylbert. "The addition of HD Supply Lumber and Building Materials'yards and truss plants strengthen our position in very important long-term, high-growth housing markets in the Southeast."
HD Supply Lumber and Building Materials operates 39 lumberyards in Georgia and Florida, seven truss plants, a construction services division and 10 engineered lumber production facilities. Although operating under the HD Supply portfolio of businesses, some facilities operate under other brand names, including Williams Bros. Lumber, Cox Lumber and Forest Products Building Materials.
The HD Supply Lumber and Building Materials acquisition follows on the heels of aggressive acquisition activity by ProBuild in the Florida and Georgia Markets. In December, ProBuild acquired Fort Lauderdale, FL-based Rosen Building Supplies as well as Granger Lumber in Jacksonville, FL. Over the past year, ProBuild has completed 11 acquisitions.
HD Supply is a wholesale distribution company focused on professional customers in the infrastructure, construction, maintenance, repair and remodel markets. HD Supply has 1,000 locations.
ProBuild operates more than 520 lumber and building product distribution, manufacturing and assembly centers in 40 states.